Spreedly, a global enabler of open payments, announced support for Brazil’s Pix Automático and NuPay through EBANX, a technology firm specializing in payment services for emerging markets. Via this collab, merchants gain access to two of Brazil’s payment channels through a single integration. This expansion enables Spreedly’s merchants to grow cross-border and tap into Brazil’s e-commerce market.
As Brazil redefines global payments, Pix — the country’s instant payments system — now processes “$5.3 trillion annually (BRL 26.4 trillion in 2024), according to the central bank, and is set to surpass credit cards for online payments by 2025, per PCMI.”
The adoption of Pix Automático and NuPay, which focus on recurring and installment-based payments, has been “complex and costly because each local payment service provider (PSP) introduces features at different times.”
Spreedly’s open payments platform addresses this by offering merchants immediate access “to Pix Automático and NuPay without multiple builds or provider lock-in.”
In addition to these payment methods, Spreedly, through its partnership with EBANX, enables merchants to sell products and services “to Brazilian customers using credit and debit cards, Pix for single transactions, MercadoPago for e-wallets, and Boleto Bancário for cash-based methods.”
Via EBANX, Spreedly covers nearly “100% of the payment methods in Brazilian e-commerce — the largest market in Latin America and one of the fastest-growing digital markets.”
Peter Dougherty, President of Spreedly. said that their collaboration with EBANX underscores Spreedly’s open payments mission — to give merchants access to solutions “like Pix Automático and NuPay without the burden of custom integrations or lock-in.”
Daniel Kornitzer, VP of Global Partnerships at EBANX. said that by partnering with Spreedly, they are “expanding access to crucial Brazilian innovations like Pix Automático and NuPay, making it easier for merchants to serve consumers in Latin America‘s largest economy.”
As stated in a release, Spreedly is an open payments platform company redefining global commerce.
The firm is said to be trusted by brands such as BMW, CLEAR, HBO Max, Hopper, Lemonade, Getty, Warner, and Priceline.
Spreedly processes more than $60 billion in gross merchandise value (GMV) on behalf of “more than 400 customers across over 100 countries.”
As mentioned in the announcement, EBANX is the payments platform connecting businesses to the world’s digital markets.
Founded in 2012 in Brazil, EBANX was built with “a mission to expand access to international digital commerce.”
Leveraging technology, market expertise, and infrastructure, EBANX enables companies to offer local payment methods and streamline cross-border payments across Latin America, Asia, other areas.
Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), the company is committed to “supporting merchants with full regulatory compliance.”
EBANX drives growth, enhances sales, and delivers “purchase experiences for businesses and end-users.”
